We sold this Wilmington income property to our clients several years ago. Even though it was bank-owned and in need of TLC they saw potential in the side-by-side one bedroom units. They rolled up their sleeves and did the required work, and the property now has new electrical, new garage door, new kitchen, laminate flooring, etc. Our clients are making some adjustments and upgrades to their real estate investment portfolio, and some lucky buyer will gain an upgraded property with good tenants in place.

The property will hit the MLS next weekend with an asking price of $345,000. Current rents are $950 and $900. The property falls under Los Angeles City Rent Control. We expect this one to roll off our inventory list very fast, so don’t miss out. Contact us today!

For more information contact Josh Toering at toeringandteam@gmail.com or Call or Text 310.525.9440. Need help building a real estate investment portfolio? Contact Josh Toering.

Based on information from the Association of REALTORS®/Multiple Listing as of the initial date of this article/blog publication and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.